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74 Greed

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Hacks & Security NEAR −8.9% Bearish

NEAR Intents reports $3.8 million loss after smart contract exploit

NEAR Intents, a cross-chain protocol, lost about $3.8 million in an exploit, according to on-chain investigator ZachXBT. The incident involved a smart contract and Omni deposit and withdrawal system.

  • NEAR Intents, a cross-chain protocol, suffered an exploit with reported losses of about $3.8 million.
  • On-chain investigator ZachXBT flagged the incident and the stolen funds' movement.
  • The incident involved a flaw in the smart contract or Omni deposit and withdrawal interaction.
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Technology

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